Remove Europe Remove Freight Remove Inventory Reduction Remove Transportation
article thumbnail

This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

The jobs reduction will save $1 billion this year, Tomé said on an earnings conference call with analysts on Tuesday. Soft demand in Europe and the US led to an overall decline of 7.5 More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure.

article thumbnail

This Week in Logistics News (January 6 – 12)

Logistics Viewpoints

In 2023, Amazon experimented with new logistics strategies and technologies to quickly fulfill and deliver orders, and these changes paid off big. The faster delivery times this year specifically may be attributed to changes in Amazon’s logistics strategy. DHL Group does not operate ships but it uses them to transport containers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Savvy Supply Chain Leaders Aren’t Letting a Good Downturn Go to Waste

Logistics Viewpoints

Freight rates have plummeted, brokerages are struggling, and the industry is still bloated with excess inventory. HBR also cites technology’s ability to cut costs and to make “companies more agile and therefore better able to handle […] uncertainty and rapid change.” Reduced working capital. Faster order-to-cash.

article thumbnail

Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

For Mars, digitalization has focused on improved customer service, cost reductions, and making their supply chain associates more productive. The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions.

article thumbnail

Food Supply Chain Issues

Elementum

Recent shortages have highlighted the need for robust, future-proof supply chain management systems that far exceed the capabilities of conventional inventory control processes. Transport delays, poor storage practices, or even bad weather can cause a disaster or lead to food recalls.

article thumbnail

The $30 Billion Secret: How Amazon’s Logistics Saves You Time & Money

SCMDOJO

Amazon’s Mission Its unwavering commitment to customer satisfaction is at the heart of Amazon’s logistics strategy. Amazon’s Virtuous Circle One of the key elements of Amazon’s logistics strategy is what they refer to as the “virtuous circle.” Billion US Dollars), followed by Europe and potentially Asia.

article thumbnail

Facilities Are a Critical Part of the Enterprise Supply Chain Tech Stack. It’s Time to Start Managing Them That Way

Logistics Viewpoints

Amidst ongoing uncertainty caused by COVID-19 lockdowns in Asia, war in Europe, scarce raw materials and steep inflation, companies are stockpiling inventory as never before in the hopes of mitigating future supply chain shocks. As soon as inventory hits the yard, it gets lost in a shuffle of trailers.